Saratoga Resources, Inc. is an independent oil and natural gas company. The Company is engaged in the production, development, acquisition and exploitation of crude oil and natural gas properties. As of December 31, 2014, the Company's properties consisted of 51,500 acres under lease, including 31,700 acres gross/net located in the transitional coastline in protected in-bay environments on parish and state leases in south Louisiana and 19,800 acres gross/net under federal leases in the shallow Gulf of Mexico shelf. The Company's state and parish leases span 11 fields, which are characterized by over 30 years of development drilling and production history, including Grand Bay field, which has over 70 years of production history and over 258 million barrels of crude oil equivalent (MMBoe) produced as of December 31, 2014, and remains virtually unexplored at depths greater than 15,000 feet. As of December 31, 2014, its total proved reserves were 10.2 MMBoe.
Industry, Sector and Symbol:
- Sector: Energy
- Industry: Oil Gas & Consumable Fuels
- Sub-Industry: Oil & Gas Exploration & Production
- Symbol: NYSEMKT:SARA
- CUSIP: 80352110
- Web: saratogaresources.com/
- Market Cap: $2.79 million
- Outstanding Shares: 30,986,000
- 50 Day Moving Avg: $0.21
- 200 Day Moving Avg: $0.22
Sales & Book Value:
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: -0.09
- P/E Growth: 0.00
- Annual Revenue: $27.88 million
- Price / Sales: 0.10
- Book Value: ($5.10) per share
- Price / Book: -0.02
- EBIDTA: $1.74 million
- Net Margins: -546.51%
- Return on Assets: -136.80%
- Average Volume: 78,486 shs.
- Short Ratio: 9.24
Frequently Asked Questions for Saratoga Resources (NYSEMKT:SARA)
What is Saratoga Resources' stock symbol?
Saratoga Resources trades on the New York Stock Exchange (NYSE)MKT under the ticker symbol "SARA."
How were Saratoga Resources' earnings last quarter?
Saratoga Resources, Inc. (NYSEMKT:SARA) issued its earnings results on Monday, November, 17th. The company reported ($0.33) earnings per share (EPS) for the quarter. The business earned $15.90 million during the quarter, compared to analyst estimates of $15.10 million. During the same period in the previous year, the firm posted ($0.07) earnings per share. View Saratoga Resources' Earnings History.
Who are some of Saratoga Resources' key competitors?
Some companies that are related to Saratoga Resources include Alpha Natural Resources (ANR), Berry Petroleum Company LLC (BRY), BPZ Resources (BPZ), Crimson Exploration (CXPO), Emerald Oil (EOX), Endeavour International (END), Enlink Midstream (XTXI), EPL Oil & Gas (EPL), KiOR (KIORQ), Mcmoran Exploration Co (MMR), Plains Exploration & Production Company (PXP), Quicksilver Resources (KWK), Sabine Oil & Gas Corp (FST) and Whiting Canadian Holding Company Ulc (KOG).
Who are Saratoga Resources' key executives?
Saratoga Resources' management team includes the folowing people:
- Thomas F. Cooke, Chairman of the Board, President, Chief Executive Officer
- Jeff N. Huddleston, Interim Chief Financial Officer
- Randal B. McDonald Jr., CPA, Vice President - Finance and Accounting, Controller
- Brad Holmes, Director
- Rex H. White Jr., Independent Director
How do I buy Saratoga Resources stock?
Shares of Saratoga Resources can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Saratoga Resources' stock price today?
MarketBeat Community Rating for Saratoga Resources (NYSEMKT SARA)MarketBeat's community ratings are surveys of what our community members think about Saratoga Resources and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Saratoga Resources stock can currently be purchased for approximately $0.09.
Consensus Ratings for Saratoga Resources (NYSEMKT:SARA) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
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Analysts' Ratings History for Saratoga Resources (NYSEMKT:SARA)
No equities research coverage for this company has been tracked by MarketBeat.com
Earnings History for Saratoga Resources (NYSEMKT:SARA)Earnings History by Quarter for Saratoga Resources (NYSEMKT SARA)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|11/17/2014||Q314||($0.33)||$15.10 million||$15.90 million||View||N/A|
|5/16/2014||Q114||($0.27)||$19.30 million||$10.60 million||View||N/A|
|4/1/2014||Q4 13||($0.02)||($0.56)||$14.50 million||View||N/A|
Earnings Estimates for Saratoga Resources (NYSEMKT:SARA)
Current Year EPS Consensus Estimate: $-1.02 EPS
Next Year EPS Consensus Estimate: $-1.02 EPS
Dividend History for Saratoga Resources (NYSEMKT:SARA)
No dividend announcements for this company have been tracked by MarketBeat.com
Headline Trends for Saratoga Resources (NYSEMKT:SARA)
Latest Headlines for Saratoga Resources (NYSEMKT:SARA)
|Saratoga Resources, Inc. Provides Update, Announces Resignation of Andy Clifford as President and Director and Appointment of Brad Holmes as a Director; Mr. Clifford to Serve ...|
www.businesswire.com - January 24 at 1:03 AM
|Saratoga Resources, Inc. Provides Update, Announces Resignation of Andy Clifford as President and Director and Appointment of Brad Holmes as a Director; Mr. Clifford to Serve as Strategic Advisor|
finance.yahoo.com - January 23 at 8:02 PM
|SARATOGA RESOURCES INC /TX Files SEC form 8-K, Bankruptcy or Receivership, Material Modification to Rights of Securit|
biz.yahoo.com - November 8 at 10:57 AM
|[$$] Saratoga Resources Exits Bankruptcy|
www.wsj.com - November 7 at 8:08 PM
|Saratoga Resources, Inc. Emerges from Chapter 11|
www.businesswire.com - November 3 at 7:20 PM
|Saratoga Resources, Inc. Files Notice of Hearing on Approval of Adequacy of Disclosure Statement for Joint Chapter 11 Plan of Reorganization|
www.businesswire.com - June 21 at 6:47 PM
|Houston energy co. to sell assets amid bankruptcy proceedings|
www.bizjournals.com - April 15 at 2:54 PM
|Saratoga Resources, Inc. Files Motion To Conduct Section 363 Sale Of Assets|
www.thestreet.com - April 12 at 2:50 PM
|Saratoga Resources Seeks to Avoid ‘Calamitous End’ to Restructuring|
blogs.wsj.com - February 19 at 2:03 PM
|Saratoga Resources Inc Company Profile|
biz.yahoo.com - February 5 at 12:22 PM
|SARATOGA RESOURCES INC /TX Financials|
finance.yahoo.com - December 8 at 1:18 PM
|Saratoga Resources Receives Notice of Delisting from NYSE MKT; OTC Trading Symbol Now “SARAQ”|
finance.yahoo.com - June 23 at 4:20 PM
|PRESS DIGEST- Wall Street Journal - June 19|
finance.yahoo.com - June 19 at 12:25 AM
|Saratoga Resources, Inc. Files Voluntary Petitions for Protection under Chapter 11; Operations to Continue During Reorganization|
finance.yahoo.com - June 18 at 7:46 PM
|Saratoga Resources, Inc. Reports 2014 Financial Results|
finance.yahoo.com - April 16 at 4:27 AM
|Saratoga Resources Announces Extension of Forbearance Agreements with Senior Lenders; Engagement of Conway MacKenzie|
finance.yahoo.com - March 19 at 7:10 PM
|Saratoga Resources Announces Forbearance Agreements with Senior Lenders|
finance.yahoo.com - February 2 at 4:01 PM